An arbitral tribunal by the World Bank International Centre for Settlement of Investment Disputes (ICSID) has made an award in an investment dispute between energy group E energija (Lithuania) and the Republic of Latvia. This is the first decision on the merits in an ICSID case against the Republic of Latvia, and the only ICSID […]
Sorainen advised insurance broker company Aon Baltic in acquiring 100% shares in Balto Link. This is the largest acquisition deal in the Baltic brokerage business in recent years. The acquisition was completed on 28 December 2017. Total value is not disclosed. Aon Baltic is the biggest insurance broker company operating in Estonia, Latvia and Lithuania. […]
Sorainen Estonia assisted ViisTek Media, a B2B marketing and technology solutions provider, and its shareholders in the sale of ViisTek Media to Future Gaming Group. The acquisition will enable Future Gaming Group to strengthen their financial position, which will further enable them to expand their business. The Sorainen team was led by partner Toomas Prangli […]
Deals & Cases
Sorainen advised Trustcom Financial in obtaining an e-money institution licence from the Bank of Lithuania. Trustcom Financial will provide electronic money and payment services and its customers will be able to open electronic money accounts. Sorainen advised Trustcom Financial on licensing, business model structuring and other issues. The Sorainen team included partner Tomas Kontautas, associate […]
Sorainen is advising Eurodent Hambakliinik on the transfer of its dental care business to Unimed, a company belonging to the portfolio of BaltCap Private Equity Fund. The transaction requires approval from the Estonian competition authorities. Sorainen has been advising Eurodent Hambakliinik throughout the whole transaction process. The Sorainen team was led by partner Toomas Prangli […]
